Re:Home Prices Are Now Higher Than the Peak of the 2000s Hou...
by betwixthewires on Friday August 20, 2021 @04:25PM
(#28250992)
> There are way more people that want to live in these places than houses available.
That's like the saying "government bonds are 0 risk." It's usually true, til it isn't.
These problems with housing costs in these cities absolutely will make the cities less desirable, I think we will see a large deurbanization period in north america very soon and you'll see most of these cities that are constricting supply of housing crumble like Detroit.
That's like the saying "government bonds are 0 risk." It's usually true, til it isn't.
These problems with housing costs in these cities absolutely will make the cities less desirable, I think we will see a large deurbanization period in north america very soon and you'll see most of these cities that are constricting supply of housing crumble like Detroit.